Seacoast Day Spa w/ Great Opportunity for Industry Prof. to Own/Op. -...

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30041043
Property Subtypes: Hair and Beauty
Building Size (RSF): See Agent
Sale Price: $399,000
Gross Revenue: $872,949 (Annual)
Cash Flow: $239,348 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: FF&E is included and Inventory to be based on value at time of purchase is not included in Sale price.
Last Updated: 8/21/2017

Overview / Comments

Great opportunity to own and operate one of the top Day Spa’s on the Seacoast. The Company is highly successful, with double-digit growth and a very healthy bottom line. It’s an all-inclusive, full service facility in a booming market that caters to Bridal and Group Parties, Hotel Guests, with plenty of repeat local clientele. This niche market provides consistent revenue and profit all year long.

Additional Details

Industry Segment: Beauty Salons and Barber Shops
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Lease in place
Mgmt/Training Support Description: Seller is willing to stay on for a period of time to assist in support and training.
Competition/Market Description: The Company serves the geographic market that falls primarily within a 30-mile radius of their location along with hotel guest/tourist. There are a number of competitors in the market but none with such strong hotel relationships.
Growth/Expansion Opportunities: Pro – Great location with continuous flow of new customers every month. Company is best of class in the existing market with a large community following along strong ties to the local wedding/bridal market. Company has a successful training program in place for new hires.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771
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